Payment  

The development will come as a blow to the PSL as since its launch in 2016 the league has enjoyed great credibility in financial matters including payments to players and otherwise.

US companies in India have been increasingly battling and complaining about Modi’s policies they perceive to be protectionist.

The full-service carrier, which is partially-owned by Abu Dhabi-based Etihad Airways, has delayed payment of salaries to its senior management, pilots and engineers due to its deteriorating financial health.

The deal worth €7.89 billion was signed with French firm Dassault Aviation to procure 36 planes as an emergency measure to arrest the dwindling number of fighter squadrons in the Air Force

“The enactment aims at ensuring better monitoring and unfettered supervisory access to data,” says RBI.

The move is crucial as most payment companies still have limited data storage in India and are struggling to comply with data localisation norms set by RBI

'India could further improve its standing by focusing on expanding access to digital infrastructure, investing in socio-economic development, and promoting a healthy, competitive market,' the survey said.

Along with delay in part payment of August salaries to pilots and management, the decision to impose 5 per cent customs duty on ATF also hit sentiment.
 

Modi said, "There was a special tradition of phone banking and it was so widespread that if any 'naamdar’ (big shot) made a phone call, people seeking the loan would easily get it."